Canadian Housing Market Shows Strong Momentum

Canadian Housing Market Shows Strong Momentum

Canadian housing market showed strong momentum in the final stretch of the current year. This was quite evident when sales, as well as, price rebounded from the slump seen in the mid-year. Scotia Bank economist, Adrienne Warren pointed out that national home sales increased in November with a
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Even with its losses, Tesla won't take a big hit from lower tax rate

Many companies that have a prior history of big losses like Citigroup, Fannie Mae and Freddie Mac face huge writedowns of their deferred tax assets based on a “remeasurement” of the potential for those assets to reduce future tax liabilities. The calculations are based on the tax reform bill's proposed
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Serbia's 9-mo dinar-denominated lending declines – c-bank

BELGRADE (Serbia), December 14 (SeeNews) – Serbia's central bank, the NBS, said on Friday the share of dinar-denominated loans extended by local banks in the first nine months of 2017 stood at 35.8%, down by one percentage point on the year. The share of dinar-denominated deposits of
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Wells Fargo Fights Oakland's Lending Lawsuit

SAN FRANCISCO (CN) — Wells Fargo on Thursday asked a federal judge to reject Oakland's lawsuit claiming the bank's racist lending practices cost the city millions in lost tax revenue. “If a borrower got a bad loan, did they default because of that or because they lost their job?” Wells Fargo attorney
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Harvard to outsource real estate investment to Bain Capital

The approximately 20 members of Harvard Management Co's real estate investment staff will form Bain Capital Real Estate, the Boston-based firm said in a statement on Friday. “The team, which has invested more than $3.4 billion of equity in its direct real estate investment strategy since its inception,
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Australian housing market loses Chinese investment

Large numbers of Chinese investors in Australian property have had to sell their assets due to restrictions on capital outflows. Beijing introduced the new capital controls in November, in a bid to keep money in the country. Any capital transfer of $5m or more by companies or investment funds is now
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Real estate transfers from Dec. 15, 2017

The Mercer County Tax Claim Bureau, trustee, and Cory S. Moore and Lona J. Moore to Terence A. Whalen DBA Shenango Valley Homes; Property at 278 Ormond Ave., Sharon; fair market value: $45,795. • The Mercer County Tax Claim Bureau, trustee, and George R. Porter to Terence A. Whelan
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PHH Fined $119K Over NY Zombie Property

“The announcement of this enforcement action puts banks and mortgage servicers on notice that if they do not maintain vacant and abandoned properties, they will be held accountable by DFS,” said DFS Superintendent Maria T. Vullo. “It is also crucial that banks and mortgage servicers provide DFS
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Institutional Investors Are Crazy About First American Financial Corp (NYSE:FAF)

The company has market cap of $6.18 billion. It operates through Title Insurance and Services, and Specialty Insurance divisions. It has a 22.04 P/E ratio. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related services
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Phoenix land and housing forecast: Vitality at last

The 8th Annual Phoenix Land and Housing Forecast, presented by Land Advisors Organization, provided a provocative and insightful breakdown of the trends, activity and outlooks within the local real estate market. The event was started by Land Advisors Organization, the nation's largest brokerage
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Harvard Endowment's Real Estate Team Moves to Bain Capital

Bain Capital, a private equity firm based in Boston, is entering the real-estate investment business by lifting out a 20-person team from Harvard Management Co.. The new group, Bain Capital Real Estate, will be led by Dan Cummings, who is joining the firm as a partner at the beginning of February.
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Oaktree Specialty Lending (NASDAQ:OCSL) Announces Quarterly Earnings Results, Misses …

Oaktree Specialty Lending logo Oaktree Specialty Lending (NASDAQ:OCSL) released its quarterly earnings data on Wednesday, November 29th. The credit services provider reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.05), Bloomberg
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Four maps that show the house price gulfs within English regions

In cheaper boroughs such as Tower Hamlets, Redbridge and Newham, price growth continues to outstrip the UK average as high housing costs force Londoners to move to less affluent boroughs. Prices in the south-east London borough of Greenwich – where the average house price of £404,271 is
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Long Island hires and promotions: Susana Sawhney, Douglas Elliman Real Estate

Susana Sawhney of Jericho has been hired as a sales agent at Douglas Elliman Real Estate in East Norwich. Photo Credit: Susana Sawhney.
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Big four bank chairman back inquiry to end 'political uncertainty'

The federal government and the banks have caved in to political pressure and have agreed on a royal commission in to the sector. Fairfax Media.
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(en) – fortune-mod-darkestdungeon

Fortune cookies: Darkest Dungeon (game). … Git Clone URL: https://aur.archlinux.org/fortune-mod-darkestdungeon.git (read-only). Package Base
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Gloria Jean St. Clair Boehm

She went to work for Port Arthur Abstract and Title Company after graduation and later worked for Phares, Phares and Bass Attorneys as a legal
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6 Reasons There Aren't Enough Homes for Sale

A Freddie Mac report concurred. “Land-use regulations have become more burdensome” in the last 30 years, making it costlier to build, it said. Freddie
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Real Estate Roundup: Self-Storage Transactions November 2017

A Plus Mini Storage in Navarre, Fla., was sold to National Storage Affiliates Trust (NSAT), a real estate investment trust (REIT). The facility at 7030
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Mortgage Cap Would Hit California, Florida, New York Hardest

Property owners in California, Florida and New York have the most to lose if Congress limits tax deductions for interest payments on home mortgages,
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